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FinanceSK Hynix surges 17% in US trading debut, marking largest-ever US share sale by a foreign company
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SK Hynix, the South Korean memory-chip maker, made a historic U.S. trading debut on July 10, 2026, with its American depositary receipts surging 17% to $173.75. The rally followed a blockbuster $26.5 billion offering, the largest-ever U.S. share sale by a foreign company. The event is seen as a test of investor appetite for the AI trade, given SK Hynix's role in the semiconductor supply chain. The broader stock market climbed alongside the debut, reflecting positive sentiment.
Source report
By Caitlin McCabe
Spencer Platt/Getty Images
Investors’ appetite for the AI trade faces another test today, with the U.S. trading debut of SK Hynix.
The South Korean memory-chip maker’s American depositary receipts rose 17% to $173.75, following a blockbuster $26.5 billion offering — the largest-ever U.S. share sale by a foreign company.
Further Reading
- South Korean Memory Chip Maker’s Historic U.S. Debut Jolts Stocks
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Source
Yahoo FinanceWestern
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